In the first half of 2025, Russia’s chemical and rubber industries have made a noticeable leap in their export game.
According to data from the Federal Customs Service shared by Interfax, exports in these sectors jumped by 22% compared to the same period last year, reaching a total of $16.2 billion.
June Marks Another Step Up in Export Revenues
Breaking down the numbers further, the first five months of the year saw export revenues hit $13.3 billion.
June alone contributed an additional $2.9 billion, reflecting a steady 3.6% increase from May.
This consistent upward trend shows strong momentum as the year progresses.
Imports of Chemical Products Also Climb
It’s not just exports that are moving upward — imports of chemical products into Russia have also grown, though at a slower pace.
In the first six months of 2025, imports rose by 6.7%, totaling $26.7 billion.
This suggests an ongoing demand for chemical goods within the country alongside the export growth.
How 2025 Compares to Last Year’s Figures
Looking back at 2024, Russia’s exports in chemicals and rubber saw a modest growth of 1.3%, reaching $27.6 billion for the full year.
Imports, however, dipped by 4%, landing at $53.5 billion.
The jump this year indicates a shift toward stronger export performance.
Electricity Exports Show a Different Trend
Interestingly, while the chemical and rubber sectors are thriving, electricity exports tell a different story.
From January to June 2025, Russia’s electricity exports declined by 12.6%, even as electricity imports into the country increased by nearly 15%.
This contrast highlights the varied dynamics across different energy and industrial sectors.